I originally made a post on Canadian Coin Blog about these coins on March 13, 2013.
I stated: “The issue price for this set was $40.00 CAD in 1967. It now sells for approximately $1000.00 CAD because of the value of the $20 gold coin”.
In 1967, gold was trading at approximately $35.00 CAD per ounce. On March 6, 2020 gold closed on the spot market @ $2756.05 CAD per ounce. This is nearly 80 times increase in gold value in 53 years.
This makes the gold melt value of the gold coin in this set to be $1626.00 CAD. Just imagine buying this set @ $40.00 CAD in 1967 and selling it today for $1600.00 CAD at its gold melt value. In reality, it could probably fetch about $2000.00 CAD today. This is 50 times its original selling price in 53 years.
What about silver?
The price per ounce of silver was around $1.50 CAD for most of 1967. Adjusted for inflation, that’s about $15 CAD today. Silver is on the spot market @ $37.41 CAD per ounce on August 6, 2020. This is 25 times increase in silver value in 53 years.
Are gold and silver good investments? Look at its history history and decide for yourself.
Canadian Coin Blog 